Buyers and Sellers Should Brace Themselves for the 6% Mortgage Rate Reality
Fortune magazine, July 10, 2024–Alena Botros
If you’re a baby boomer, you might not consider today’s mortgage rates to be high. After all, in the 1980s and 90s, they were much higher. But if you’re of a younger generation and experienced historically low mortgage rates throughout the pandemic, and years before, you’d probably feel otherwise. Well, a new normal is setting in, and it may sound fine or horrendous depending on who you are.
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